DJ UPDATE: US GAS: Futures Higher With Crude Amid Bargain Buying
futuresource.quote.com
Analysts and traders expect the U.S. Energy Information Administration to
report that storage grew by 10 billion cubic feet of natural gas for the week
ended April 3, according to the average of estimates in a Dow Jones Newswires
survey.
Bloomberg: Natural Gas Rises for 1st Day in 3, Rebounds From 6-Year Low
bloomberg.com
A department report due tomorrow will probably show a stockpile increase of 12 billion cubic feet, according to the median of 15 analyst estimates compiled by Bloomberg.
Reuters:
* Benchmark Henry Hub at lowest average in more than 6 yrs
* Energy futures slip early, rebound late in day
* Cool weather seen moderating late week, next week
* High inventories, weak economy keep buyers cautious
NEW YORK, April 8 (Reuters) - U.S. spot natural gas prices
fell at nearly every price point for the second straight day
Wednesday, with benchmark Henry Hub gas in Louisiana pressured
to its lowest level in more than six years by early weakness in
energy futures and forecasts for milder weather late in the
week that should curb demand...
www1.investorvillage.com
Estimates for this week's EIA report ranged from a build of
24 bcf to a draw of 4 bcf, with most traders and analysts
expecting stocks to rise by about 13 bcf when weekly data is
released Thursday at about 10:30 a.m. EDT, a Reuters survey
showed.
Stocks fell an adjusted 16 bcf for the same week last year,
while the five-year average for that week is a 13 bcf build.
First Enercast:
www1.investorvillage.com
# First Enercast Financial prediction for week ending 4/3/09 : 1,659 Bcf
# First Enercast Financial predicted weekly change: +5 Bcf
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Expectations for Thursday's reported storage build are:
Dow Jones Survey 10 Bcf
Bloomberg Survey 12 Bcf
Reuters Survey 13 Bcf
BENTEK Storage Rpt N.A.
First Enercast 5 Bcf
robry825 2003 model 14 Bcf, 2005 -1 Bcf, 2008 14 Bcf
z24blackjet 14 Bcf
Last year's draw -16 Bcf
Five year average 13 Bcf
build
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